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Standard Lithium Prices Upsized $130 Million Underwritten Public Offering

Core Viewpoint - Standard Lithium Ltd. announced a public offering of 29,885,057 common shares at a price of US $4.35 per share, aiming to raise aggregate gross proceeds of US $130 million [1][4]. Offering Details - The offering is led by a syndicate of underwriters, including Morgan Stanley and Evercore ISI as co-lead book-running managers, along with BMO Capital Markets and others [2]. - An over-allotment option allows underwriters to purchase up to 4,482,758 additional common shares at the issue price within 30 days after the offering closes [3]. Use of Proceeds - The net proceeds from the offering will be allocated to fund capital expenditures at the South West Arkansas Project and the Franklin Project in East Texas, as well as for working capital and general corporate purposes [4]. Closing Information - The closing of the offering is expected around October 20, 2025, subject to customary closing conditions and required approvals from the TSX Venture Exchange and NYSE American [4]. Company Overview - Standard Lithium is focused on the sustainable development of high-grade lithium-brine properties in the U.S., with flagship projects in Arkansas and Texas, aiming for commercial-scale lithium production through a Direct Lithium Extraction process [9].